Hashrate Climbs 25 EH/s in 8 Days as Bitcoin Miners Adjust to Network Difficulty Reduction
While Bitcoin’s hashprice has been languishing below $44 per petahash per second (PH/s) each day, the network’s hashrate is beginning ...
Tag: Reduction
Bitcoin Difficulty Reduction Incoming? Miners Brace for a Major Shift on Aug. 14
Following the latest difficulty change 11 days ago when the metric increased by 10.5%, Bitcoin’s difficulty is estimated to shift ...
Bitcoin Network Sees Second Largest Difficulty Reduction of 2024
On July 4, 2024, the Bitcoin network experienced its second-largest difficulty reduction since the year’s start. The mining difficulty decreased ...
Ethereum Dencun Upgrade Launch Boosts ETH Price, Eyes 90% Fee Reduction
Ethereum (ETH) has made significant strides in its 2024 roadmap with the successful launch of the Dencun upgrade on the ...
Chainlink Automation Goes Live on Base, Promising Upto 90% Reduction in Gas Costs
Chainlink Automation has officially gone live on Base, introducing verifiable, decentralized, and gas-efficient smart contract automation capabilities. #Chainlink Automation is ...
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